Eric Xu warns the company may downsize or merge non-performing business units.
The company officially launches what it is calling ‘the world’s most powerful AI processor’.
The company unveils a slew of artificial intelligence-focused products at the Huawei Connect event in China.
The Chinese company aims to compete with Amazon and Alibaba as a global provider of public cloud services.
To counteract the risk of allowing one leader to wield unshakeable control, Huawei's founder decided to have not only one man in the hot seat, but three.
The Chinese tech giant invests heavily in connectivity technologies such as 4.5G.
The Chinese telecoms provider will continue to acquire on a small scale as it grows its business.?
CEO Eric Xu says Huawei will train 10?000 engineers in cloud computing, cloud development.
The company targets revenue of $70 billion by 2018, almost double the 2013 record which made it the world's third-biggest smartphone manufacturer.
The company reports its fastest profit growth in four years, as enterprise and consumer revenue exceeds growth in its network building division.
The fast-growing demand for low-cost smartphones becomes the focus at Mobile World Congress, the industry's biggest annual trade fair.
After a decade of strife between Cisco and Huawei over market territory, the two are no closer to reaching a compromise.